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Mitsubishi Motors plans to invest about 10 trillion rupiah ($666.89 million) in Indonesia between 2022 and 2025, the country’s chief economics minister said on Tuesday. Airlangga Hartarto in a statement said the Japanese company had invested 11.3 trillion…
Japanese brands, including Toyota and Mitsubishi, were the biggest sellers among imported cars in Q1. Toyota sold 11,661 completely built units, while Mitsubishi imported 7,797. They were followed by Honda, Mazda and Suzuki. Last year, Toyota, Mitsubishi and…
Switzerland’s largest bank is selling its joint real estate venture with Mitsubishi to an investment firm. UBS announced it is exiting a 20-year joint real estate venture in Japan, agreeing with its partner Mitsubishi to sell its Mitsubishi Corp.-UBS Realty…
Japan’s Mitsubishi Corporation will develop Southeast Asia’s largest wind farm in Laos to supply electricity to Vietnam, where demand is expected to grow continuously. The 600-megawatt onshore project, the first wind farm in Laos, will be located in the…
Mitsubishi Motors Vietnam is recalling 9,066 Outlander and Xpander cars to fix a fuel pump issue that could cause the vehicle to stall. They include 5,370 Outlanders manufactured in Vietnam between January 15, 2018, and July 21, 2019, and 3,696 Xpanders…
Honda, Toyota, BMW, Mitsubishi, and Suzuki are the five most googled car brands in Vietnam, market research firm iPrice said. The Malaysia-based meta-search website, which operates in Vietnam and six other countries across Southeast Asia, said it considered…
Mitsubishi Motors is postponing the restart of its factory with Guangzhou Automobile Group in Hunan province until 27 due to the coronavirus outbreak, the Japanese automaker said on Friday. Spectacular sculptures at Harbin’s Ice and Snow Festival Drone…
Uniqlo’s parent, Fast Retailing, has acquired a 35 per cent stake in Hanoi-based women’s fashion brand Elise. Elise, which has more than 100 stores across the country, is said to have received tens of millions of dollars from the deal – a figure much higher…
South Korean retail operators Lotte and Shinsegae are competing to buy the 21-year-old local subsidiary of Japanese convenience-store operator Ministop. Shinsegae and Lotte respectively own rival chains Emart24 and 7-Eleven and are both reportedly seeking to…
Mitsubishi Motors Vietnam managed to boost its sales via crossovers while eyeing the expansion of manufacturing and assembly in the country. The firm (MMV) yesterday debuted the all-new Xpander, a next-generation crossover MPV, in Vietnam. Manual and…
Increasing global concerns regarding the negative effect of climate change along with alarming pollution levels recorded in the major cities have created a demand for electric vehicles. A major factor behind the growth of electric vehicles is the support…
Subsidiaries of Mitsubishi Materials have falsified product data, the company said Thursday, becoming the latest major Japanese firm to admit problems with quality control. Affected products included rubber sealing materials used for packing and gaskets,…
Mitsubishi Motors Corp said on Tuesday it swung to an operating profit for the second quarter, beating expectations as it rebounded from a mileage-cheating scandal a year earlier helped by cost cuts and favorable exchange rates. Healthy demand in Southeast…
Microsoft Japan Co., Ltd. is leveraging its AI, mixed reality and other cutting-edge technologies to support Mitsubishi Fuso Truck and Bus Corporation (MFTBC) in an initiative to enhance its customer relations, boost employee productivity and drive the…
Mitsubishi Motors said on Tuesday it swung to an operating profit for the second quarter, beating expectations as it rebounded from a mileage-cheating scandal a year earlier helped by cost cuts and favorable exchange rates. Healthy demand in Southeast Asia,…
The defective airbag inflators have been linked to 19 deaths and more than 180 injuries worldwide. Mitsubishi is recalling 2,519 of its Pajero models in Vietnam to replace potentially deadly defective airbag inflators. All cars imported between 2007 and 2016…
